S&C Advises Underwriters in Aflac’s ¥74.9 billion SEC-Registered Notes Offering

Sullivan & Cromwell represented the underwriters, led by Mizuho Securities USA, Morgan Stanley & Co. International and SMBC Nikko Securities America, in Aflac Incorporated’s completed ¥74.9 billion ($519 million) SEC-registered offering of senior notes consisting of its 1.726% Senior Notes due 2030, 2.003% Senior Notes due 2032, 2.369% Senior Notes due 2035 and 2.779% Senior Notes due 2040.